Industry News

Kindred Applies for Gambling Licence in Sweden

Published

7 years ago

August 10, 2018

Zoltan Tundik

Reading Time: < 1 minute

VALLETTA, Malta, Aug. 10, 2018 – Kindred Group has formally applied for a licence to operate betting and online gambling services in Sweden. A successful application will mean that Kindred can finally compete on equal terms in Sweden and strengthen its commitment to Swedish society.

Since its foundation twenty years ago, Kindred Group (previously Unibet Group) has fought for a modern gambling regulation in Sweden, giving consumers the gambling experience they require in a safe and secure environment. An important step in this direction was taken in June when the Swedish Parliament voted to re-regulate the gambling market.

Kindred has today formally applied for a gambling licence to operate betting and online gambling services in Sweden, which is in line with the Group’s long-term strategy to operate in locally licenced markets. At the end of the second quarter of 2018, 43 per cent of Gross Winnings Revenue was derived from locally regulated markets.

“It is very satisfying that we finally can take this important step towards fair and equal terms within the Swedish market, competing on the same level as other operators. Kindred has always applied great effort to understanding what our customers want, giving them a great experience in a safe and secure environment with the highest responsible gambling standards”, says Henrik Tjärnström, CEO of Kindred Group.

“What is even more pleasing is that we can extend our commitment to Swedish society through different sponsorships and partnerships. Already in the days following the Parliament’s ruling in June, we have demonstrated our ambition by signing a twelve-year sponsorship deal with the Swedish Elite Football Association”, continues Henrik Tjärnström.

Subject to approval of its licence application, Sweden will become Kindred’s thirteenth locally licenced market.

For more information:

Peter Alling
Head of Public Affairs Nordics
+46-72-2505287
[email protected]

Alexander Westrell
Group Head of Communications
+46-73-7071686
[email protected]

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Zoltan Tundik

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.